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Office Unit

985 Cordova Station Avenue, Memphis, TN 38018

For Lease
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A dedicated workplace is located at 985 Cordova Station Avenue in Memphis.

Space Size5,439 SF
Days on Market48

Property Features for 985 Cordova Station Avenue

General Information

Standard status Active
Size 5,439 SF
Net Rentable 1,200 SF
Property subtype Office

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Space Use Office

Lease Terms

Lease Rate $15 /SF/YR
Monthly Rent $1,500
Rent per SF/Year $15

Site & Location

Neighborhood Cordova

Spaces For Lease

at 985 Cordova Station Avenue
Space 1 Active
Size 5,439 SF
Contact us
Listing Agency: Gill Properties
Listed By: Walker Huey · License TN #263869
Source: Crexi
Added: Sep 23 Changed: Nov 8 Last Checked: Nov 8 at 2:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gill Properties

Rey
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Investment Insights

Based on property information with market context.

The office unit contains 1,200 square feet at 985 Cordova Station Avenue, Memphis, TN 38018.

Key Highlights

  • 1,200 square feet of office space
  • Located at 985 Cordova Station Avenue, Memphis, TN 38018

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Law Firm Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,302
Businesses Nearby

Demographics for 38018, TN

37,086
Population
15,110
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
18.7 sq mi
ZIP Area
1,983
Density / Sq Mi
$89,627
Median Household Income
$47,813
Median Earnings
$1,594
Median Rent
$255,300
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$15.77 /SF/Yr
Avg Asking Price
$4.19–$34 /SF/Yr
Price Range
13,950 SF
Avg Space Size

This space is priced 5% below the average of $15.77 /SF/Yr.

Properties on Market for Office Units in Memphis

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A dedicated workplace is located at 985 Cordova Station Avenue in Memphis.
Where is this office unit located?
The property is located at 985 Cordova Station Avenue Memphis, TN.
What are key features of this property?
This property features: 1,200 square feet of office space; Located at 985 Cordova Station Avenue, Memphis, TN 38018
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